BMNR is trading at $28.41 (-4.12%) amid a sharp drop in major cryptocurrencies, specifically as ETH is down 2.82% and BTC is off 1.56%.
- Chairman Lee attributed the recent crypto declines to impaired liquidity since October 10th and weak technicals, fueling today's sell-off.
- The stock is highly correlated with ETH prices, dragging it lower alongside broader market volatility.
- There is no company-specific news, earnings, or announcements today.